M&A Deal Summary

Mercury Acquires Lewis Innovative Technologies

On December 16, 2015, Mercury acquired technology hardware company Lewis Innovative Technologies

Acquisition Highlights
  • This is Mercury’s 2nd transaction in the Technology Hardware sector.
  • This is Mercury’s 6th transaction in the United States.
  • This is Mercury’s 2nd transaction in Alabama.

M&A Deal Summary
Date 2015-12-16
Target Lewis Innovative Technologies
Sector Technology Hardware
Buyer(s) Mercury
Deal Type Add-on Acquisition

Target

Lewis Innovative Technologies

Decatur, Alabama, United States
Lewis Innovative Technologies, Inc. is specialized in quick-turn analog, digital, power, and systems design providing innovative custom designs and engineering services.

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Buyer(S) 1

Buyer

Mercury

Andover, Massachusetts, United States
Category Company
Founded 1981
Sector Electronics
Employees2,596
Revenue 974M USD (2023)
DESCRIPTION

Mercury is a high-tech commercial provider of secure and sensor processing subsystems that power critical defense and intelligence applications. Mercury's products and solutions have been deployed in more than 300 programs with over 25 different defense prime contractors. Key programs include Aegis, Patriot, Surface Electronic Warfare Improvement Program, Gorgon Stare, Predator, F-35 and Reaper. Mercury's organizational structure allows it to deliver capabilities that combine technology building blocks and deep domain expertise in the defense sector. Mercury was formed in 1981 and is based in Andover, Massachusetts.

DEAL STATS #
Overall 6 of 17
Sector (Technology Hardware) 2 of 7
Type (Add-on Acquisition) 6 of 15
State (Alabama) 2 of 2
Country (United States) 6 of 16
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-08 Micronetics

United States

Micronetics manufactures microwave and radio frequency (RF) components and integrated subassemblies used in a variety of defense, aerospace and commercial applications. Micronetics also manufactures and designs test equipment and components that test the strength, durability and integrity of communication signals in communication equipment. Micronetics serves a diverse customer base, including BAE Systems, Boeing, Cobham, EADS, General Dynamics, ITT Exelis, L-3 Communications, Lockheed Martin, Northrop Grumman, Raytheon, Rockwell, Tecom Industries, Teradyne, and Thales.

Buy $75M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-23 Mercury Systems - Embedded Security RF and Microwave and Custom Microelectronics Businesses

United States

Embedded Security, RF and Microwave, and Custom Microelectronics Businesses is a provider of analog and mixed-signal semiconductor solutions.

Buy $300M
Mergr

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